We had a thread a couple of years ago about the USGS reporting shale oil was everywhere, and the EIA said 345 billion barrels in '13, but how much has come online?
From about a year ago:
The hydraulic fracturing of shale in search of oil and gas has hardly started outside the U.S., but that’s changing. A record 400 shale wells may be drilled beyond U.S. borders in 2014, with most of the activity in China and Russia, according to energy consultants Wood Mackenzie. (In contrast, thousands of shale wells will be drilled in the U.S. next year.) The number of rigs used onshore in Europe and the Asia-Pacific region has increased 10 percent over the past year, data compiled by oil services company Baker Hughes (BHI) show. Most of those rigs are meant for shale. “It’s likely there will be a revolution,” says Maria van der Hoeven, executive director at the Paris-based International Energy Agency. “But not everywhere at the same time. And you just can’t copy the U.S. experience.”
I'm not finding a lot. I'm not even finding where low price has killed projects elsewhere and that is always good for a story.
Come on people! Chop, chop; depletion never sleeps!
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